Location
Mumbai | India
Job description
The role will involve day-to-day accounting and reconciliations for our esteemed PE client. The role requires strong accounting, analytical and Excel skills. The successful candidate will be expected to work on various Excel models and accounting system to record and reconcile activities and ensure accurate accounting and Month-end Financials.
Scope & Key Responsibilities
- To assist in the daily and monthly cash and broker reconciliations
- To do an analysis of the general ledger to facilitate month quarter and Year-end closing procedures.
- On a monthly basis, download, save, and reconcile the various GP bank statements and record any necessary bank interest and expenses.
- Update and maintain contribution schedules for various GP entities and perform periodic reconciliation with the Limited Partner records and other support files.
- On a quarterly/yearly basis, record all contribution activity at all the GP entities in the respective accounting systems.
- Analyze, track and book payments for direct and indirect taxes in the accounting systems.
- On a quarterly basis, update promissory note listing with up to amounts and note balances.
- Record and calculate various notional calculation for distributions received and recording accounting entry.
- On a quarterly basis, calculate the interest income on the GP s promissory note balances.
- To assist the GP fund accounting team in preparing and analyzing partners capital accounts and the monthly and annual Financial Statements with supporting documentation.
- Maintain general ledger listings (add new accounts, deal and partner percentages).
- Provide inputs in relation to the review and monitoring of existing business process, procedures, and checklists to maximize efficiency and productivity.
- Assist in various ad hoc projects and requests.
Qualifications & Education Requirements
- CA or Masters Finance
- Work Experience-3-4 years
- Good understanding of Microsoft Office and familiarity with Investran and Alteryx.
Preferred Skills & Competencies
- Advanced knowledge of MS Office and automation of templates.
- Well Organized, proactive and able to effectively prioritize and balance multiple efforts in a fast-paced, regulatory driven environment.
- Experience of Fund Accounting for Private Equity/Hedge Funds
- Willing to work European/APAC shift timings.
- Expert technical understanding of accounting & Private Equity concepts
- Must have good communication skills and know how to deal with international client.
- The individual must be collaborative, adaptable and must be a team player and should be willing to mentor other associates in the team.
- Strong experience in documenting processes and standard Operation Procedures
- Working Knowledge of Investran ledger will be desirable.
- Experience in creating workflows in Alteryx is a plus.
Job tags
Salary
